By Katherine Tinsley
5:31pm PDT, Jul 29, 2025
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Bill Maher incited fury from fans when he admitted his initial prediction about
Donald Trump's tariffs was wrong as the economy holds steady while the president continues to strike more trade agreements.
Keep reading for the details…
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Bill Maher admitted he was wrong on an episode of his "Club Random" podcast. "I would have thought — and I gotta own it — that these tariffs were going to f******* sink the economy by this time — and they didn't," he said.
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"The stock market is at record highs," Bill Maher continued. "I don't see a country in a depression at all. I see people out there just living their lives."
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While Bill Maher was apologetic about his early predictions, Donald Trump's critics noted that it's still too early to know the long-term effects of the president's new tariffs. "It's too early to tell yet," one user wrote on X. Wrote another critic on X, "Bill Maher isn't an economist, much less a Nobel-winning economist, and his wealth insulates him from the effects of tariffs." Chimed in a third X user, "I like Bill but he is wrong here… He doesn't shop at Walmart and prices are rising. 15 or 20 cent price increases on produce and necessities may not seem like a lot but it will start adding up. It has just begun… prices are certainly not going to go down as Trump promised." Snarked a fourth X user, "I would doubt his credibility if Dr. Maher didn't have a PhD in home economics from Trump University."
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Other X users praised Bill Maher for coming around on Donald Trump's tariffs. "Bill Maher's admission highlights a critical truth: Trump's tariff strategy wasn't chaos — it was calculated leverage," one X user wrote. Another claimed that Trump "successfully negotiated the biggest trade deal in world history." A third X user praised Maher, saying, "Unlike other liberals, at least Bill admits when he's wrong."
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Bill Maher's comments follow Donald Trump's announcement that the White House struck a deal with the European Union. "The deal bolsters America's economy and manufacturing capabilities," the White House said. "The EU will purchase $750 billion in U.S. energy and make new investments of $600 billion in the United States, all by 2028."
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During his presidential campaign, Donald Trump focused on manufacturing and agricultural opportunities, which he highlighted in his "Liberation Day" tariffs announcement. "This colossal deal will enable U.S. farmers, ranchers, fishermen, and manufacturers to increase U.S. exports, expand business opportunities, and help reduce the goods trade deficit with the European Union," the White House stated. "The EU will remove significant tariffs, including the elimination of all EU tariffs on U.S. industrial goods exported to the EU, creating enormous opportunities for American-made and American-grown goods to compete and win in Europe."
